Arthur W Perdue Foundation Inc
- Assets
- $50.6m
- Revenue
- $2.7m
- Investments
- $50.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1959
- Data as of
- 12/2023
- EIN
- 52-6054332
Organization Overview
Arthur W Perdue Foundation Inc is located in Wilmington, DE. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur W Perdue Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Arthur W Perdue Foundation Inc generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arthur W Perdue Foundation Inc has awarded 872 individual grants totaling $12,579,269. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Galgano Dir, Sec, Treas | 1 | $0 | |
Anne P Oliviero Dir | 1 | $0 | |
Andrea Nicholas Perdue Dir | 1 | $0 | |
Chris Perdue Dir | 1 | $0 | |
James A Perdue Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,917 |
| Dividends & Interest | $1,486,853 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,200,483 |
| Capital Gain Net Income | $1,200,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,693,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $76,920 |
| Pension plans, employee benefits | $5,884 |
| Interest | $0 |
| Taxes | $34,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81,000 |
| Total operating and administrative expenses | $221,324 |
| Contributions, gifts, grants paid | $3,062,195 |
| Total expenses and disbursements | $3,283,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $538,700 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $284,989 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,644,395 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Arthur W Perdue Foundation Inc has awarded $3,062,195 in support to 211 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA SCHOOLHOUSE FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
ALLIANCE FOR THE CHESAPEAKE BAY INC PURPOSE: PROJECT CLEAN STREAM | $10,000 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
ALZHEIMERS DRUG DISCOVERY FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
ALZHEIMERS FOUNDATION OF AMERICA INC PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $10,000 |